scholarly journals Accounting for value-added tax at the enterprise: current state and ways of reform

2021 ◽  
Vol 20 (2(48)) ◽  
pp. 169-183
Author(s):  
L. O. Masina ◽  
А. Husiev
Keyword(s):  
Unsolved Problem ◽  
Value Added ◽  
The State ◽  
Value Added Tax ◽  
State Budget ◽  
Basic Principles ◽  
Current State ◽  
Tax Reporting ◽  
Tax Accounting

The article studies the theoretical and methodological foundations of value-added tax accounting at the enterprise. The main stages of the accounting process related to the calculation and payment of value-added tax are considered. The basic principles of application of the system of accounting accounts in terms of value-added tax are determined. The current methodology for displaying value-added tax in financial and tax reporting is analyzed. The ways of reforming the accounting of value-added tax are proposed.             The relevance of the problem of accounting for value-added tax is due to the significant importance of this tax for the state budget, as well as the relatively complex methodology for its calculation. The main purpose of this article is to study the basics of the accounting process of the enterprise for value-added tax. The main unsolved problem of scientists is the lack of a unified concept regarding the reform of value-added tax accounting.

scholarly journals Forecasting the economic effect from state stimulation of internal demand for automobiles

2020 ◽  
pp. 28-31
Author(s):  
Inna SHEVCHENKO
Keyword(s):  
Capital Investment ◽  
Effective Interaction ◽  
Economic Effect ◽  
Production Capacity ◽  
Value Added ◽  
The State ◽  
Economic Feasibility ◽  
Value Added Tax ◽  
State Budget ◽  
Stimulation Of

Effective interaction of the state with automobile manufacturers should be based on mutually beneficial conditions, and the result of such cooperation should have a concrete economic effect. Today Ukrainian automakers need the state support for stimulating the domestic demand for their products. The purpose of the paper is to forecaste the economic effect of state stimulation of internal demand for domestic automobiles. Results. The article tested the methodological tools for forecasting the economic effect of state stimulation of internal demand for domestic automobiles. Ukraine is characterized by a situation where the initial demand and the demand expected due to the state stimulation is less than the production capacity of automotive enterprises. This situation does not require additional capital investment in extensive expansion of production, but may require investment in the revitalization of fixed assets. The economic effect of the state stimulation of internal demand for domestic automobiles has been determined for the period 2020-2024, as for the automotive enterprises (PrAT “Promavtoinvest”, сorporation “Bogdan”, PrAT “Ievrokar”, PrAT “AvtoKrAZ”, PrAT “BAZ”, PrAT “Chasivoiarski avtobusy”, PrAT “Chernihivskyi avtozavod”, PAT “Cherkaskyi avtobus”) in the form of net profit, as well as for the state in the form of replenishment of the State budget as a result of payment by the automakers of the value added tax and the enterprises profit tax. In case of state stimulation of internal demand for domestic automobiles Ukrainian automotive enterprises will receive a total economic effect of 137.47 million UAH in the period 2020-2024. As a result of the state stimulation of internal demand for domestic automobiles in the period 2020-2024 automakers will be paid to the State budget 15613.60 million UAH, including 13618.31 million UAH in the form of value added tax and 1995.29 million UAH in the form of enterprises profit tax. Conclusion. The results of the research confirmed the economic feasibility of the state stimulation of internal demand for domestic automobiles in Ukraine.

scholarly journals Value-added Tax Impact on the State Budget Expenditures and Incomes

2015 ◽  
Vol 34 ◽  
pp. 676-681 ◽  
Author(s):  
Iveta Hajdúchová ◽  
Mariana Sedliačiková ◽  
Igor Viszlai
Keyword(s):  
Value Added ◽  
The State ◽  
Value Added Tax ◽  
State Budget

scholarly journals Estimating the fiscal and regulatory role of value added tax

2020 ◽  
Vol 67 (6) ◽  
pp. 129-136
Author(s):  
Z. Lobodina ◽  
A. Kizyma ◽  
L. Marushchak
Keyword(s):  
Low Income ◽  
Local Governments ◽  
Value Added ◽  
The State ◽  
Value Added Tax ◽  
State Budget ◽  
Tax Rate ◽  
Fiscal Efficiency ◽  
The Impact

The impact of value added tax (hereinafter – VAT) on the socio-economic development of the state is investigated in this paper. Here it is considered as a tool of the mechanism of budgetary resources formation and regulation of taxpayers’ welfare and activities. It is determined that, in addition to the reduction of tax rate, the public authorities and local governments should provide favorable conditions for doing business, implement measures for anticorruption and market anti-monopoly. To compensate for the expences of budgetary resources occurring as a result of possible reduction in the value added tax rate, it is necessary to look for alternative sources of pumping up the state budget. Such situation could weaken Ukraine's competitiveness, increase distrust of potential investors, and deactivate attracting investments into the country's economy. In order to stimulate certain economic activities, to increase the volume or the level of availability of certain goods (services)consumption, the tax legislation provides certain preferences for value added tax, particularly – lowering the tax rate, tax exemptions, , tax credit, tax benefits. In addition, the regulatory impact of VAT as a financial instrument on the taxation system is revealed in this paper. The peculiarities of VAT administration in Ukraine and foreign countries are highlighted, the dynamics, tendencies of receipt and reimbursement of VAT in Ukraine are considered. The reasons for tax refund arrears are given and ways to improve VAT administration are proposed. Analysis of the assessment of VAT fiscal efficiency is carried out, the indicators of the assessment of this tax fiscal efficiency are determined. Despite the permanent increase in the absolute amount of this tax and its share in gross domestic product (hereinafter – GDP) and state budget revenues, the fiscal role of VAT is weakened due to such problems as regressive impact on low-income populations, tax evasion and minimization of tax liabilities, growth of volumes of VAT refunds at the expense of budgetary resource.

scholarly journals Actual aspects of vat accounting for the purchase of goods

2020 ◽  
pp. 175-181
Author(s):  
Vasyl Bachynskyi ◽  
Valentyna Pomulieva
Keyword(s):  
Key Words ◽  
Systematic Approach ◽  
Value Added ◽  
Logical Analysis ◽  
Value Added Tax ◽  
Accounting Regulation ◽  
General Scientific ◽  
Legislative Changes ◽  
Tax Reporting ◽  
Tax Accounting

Purpose. The aim of the article is highlight the main aspects and current problems of VAT accounting in the purchase of goods and the search for effective solutions for its accounting. Methodology of research. General scientific and specific methods are used in the study: logical analysis, systematic approach, synthesis, induction and deduction, generalization (in the study of current norms and regulations on accounting regulation and display methods, accounting features), abstract and logical (in generalization of theoretical provisions and formation conclusions and suggestions). Findings. The current problems of VAT accounting for the purchase of goods are substantiated. It is proposed to use analytical accounts to reflect the value added tax when purchasing goods. The problematic aspects of the need to accrue VAT liabilities in the case of purchase of goods, their accounting are identified. Proposals have been formed for the use of analytical accounts to account for VAT liabilities. Emphasis is placed on ambiguous interpretations of tax norms and the opinion is expressed on the need for legislative and regulatory regulation of certain issues of value added tax accounting. Originality. Proposals have been developed to improve the accounting of value added tax when purchasing goods, which will ensure the possibility of forming the accounting policy of enterprises on VAT accounting and will contribute to the reliability of accounting, tax reporting and correctness of calculations with the budget. Practical value. The results of the study and the developed proposals can be used by VAT payers in developing the methodology of VAT accounting in their accounting policies and in accounting for value added tax, as well as implemented through legislative changes. Key words: Tax Code, value added tax, accounting, tax credit, tax liabilities, tax invoice.

scholarly journals Žiniasklaidos paramos politika Lietuvoje

2013 ◽  
Vol 63 ◽  
pp. 129-141
Author(s):  
Deimantas Jastramskis
Keyword(s):  
Value Added ◽  
The State ◽  
Value Added Tax ◽  
State Budget ◽  
The Public ◽  
The Press ◽  
The Media ◽  
Support Policy ◽  
Media Organizations ◽  
Support Fund

Straipsnyje nagrinėjama valstybės paramos žiniasklaidos subjektams politikos raida 1991–2012 m. Remiantis priimtais teisės aktais nustatoma, kokia parama ir kokiais laikotarpiais per Spaudos, radijo ir televizijos rėmimo fondą ir mokesčių subsidijų būdu buvo teikiama žiniasklaidai Lietuvoje. Analizuojamaspaudos ir su ja susijusių paslaugų neapmokestinimo ir apmokestinimo bendrojo akcizo, pridėtinės vertės mokesčiu bei lengvatų taikymo problematika.Straipsnyje teigiama, kad palyginti dažni teisės aktų, susijusių su spaudos apmokestinimu pridėtinės vertės mokesčiu, keitimai ir kasmet skiriamos paramos žiniasklaidai iš valstybės biudžeto dydžio priklausymas nuo politinės daugumos valios parlamente rodo, kad išlaidų ir mokesčių subsidijų politika žiniasklaidos subjektų atžvilgiu 1991–2012 m. nebuvo tinkamai formuojama ir įgyvendinama.Pagrindiniai žodžiai: valstybė, politika, žiniasklaida, mokesčiai, parama, subsidijos, lengvatos.The media support policy in LithuaniaDeimantas Jastramskis SummaryThe article analyzes the development of state support policy for media organizations in Lithuania in 1991–2012. There are examined direct subsidies from the state budget and indirect subsidies such as value added tax exemption. The value added tax on press sales has changed several times. The exemption of the value added tax for periodicals was removed in 2009–2012. Media organizations receive state budget subsidies through the public body of the Press, Radio and Television Support Fund. The total amount of subsidies from the state budget changes every year. It depends on the political will of the Lithuanian Parliament. The article claims that the media support policy in Lithuania has not been consistent and effective.

IMPROVEMENT OF VALUE ADDED TAX ADMINISTRATION -FACTOR IN MAINTAINING SUSTAINABILITY OF THE STATE BUDGET INCOME

2020 ◽  
Vol 5 (3) ◽  
pp. 21-26
Author(s):  
Mirzohid Kamilov ◽  
Keyword(s):  
Value Added ◽  
The State ◽  
Tax Administration ◽  
Value Added Tax ◽  
State Budget ◽  
Foreign Countries

In this article the directions for improvement of value added tax administration based on the experience of foreign countries are studied. Besides, problems at administration of the tax to the added cost in Uzbekistan have been revealed and scientific offers and recommendations for their decision are developed

scholarly journals PENERAPAN TAX REVIEW SEBAGAI DASAR EVALUASI ATAS PEMENUHAN KEWAJIBAN PERPAJAKAN PPH BADAN DAN PPN

2018 ◽  
pp. 245
Author(s):  
I Kadek Agus Setiawan ◽  
Putu Ery Setiawan
Keyword(s):  
Income Tax ◽  
National Development ◽  
Value Added ◽  
Corporate Income Tax ◽  
Measuring Instruments ◽  
Value Added Tax ◽  
The Subject ◽  
The Difference ◽  
Tax Reporting ◽  
The Cost

Taxes as a source of state revenues are used as a source of funds for governments for national development and measuring instruments to regulate government policies. Taxation or tax review is a measure of all company transactions to calculate the amount of tax payable and predict potential taxes that may arise under applicable tax laws and regulations. This research was conducted at PT. KBIC which is engaged in cargo of Tax Year 2015. The purpose of this study is to determine the effect of the implementation of tax review of corporate income tax and value added tax. The method used in this research is descriptive comparative. Comparing the results of tax reporting by the company with the calculation of Corporate Income Tax and Value Added Tax at PT. KBIC tax year 2015 from the researcher in accordance with the applicable tax provisions in Indonesia. Based on the results of the research, the tax review of the Corporate Income Tax has found differences in the fiscal reconciliation report on the Office of Travel and Phone Charge accounts. Taxpayers make 100% corrections of the cost of mobile phones. It should be corrected cost of 50% of the cost should be. On the company's travel account, the company can not show the official report or notes in the assignment explaining the subject or purpose of the Overseas official's travel related to the company's principal activity that causes the difference of tax correction between the taxpayer and the researcher. Tax review conducted on Value Added Tax, the taxpayer has reported the fiscal reconciliation report correctly and there is no mistake.

scholarly journals Value Added Tax and Informality: Determinants of Registration of Enterprises under State VAT in India

2018 ◽  
Vol 13 (1) ◽  
pp. 21-48
Author(s):  
Sacchidananda Mukherjee ◽  
R. Kavita Rao
Keyword(s):  
Value Added ◽  
Jel Classification ◽  
The State ◽  
Sales Tax ◽  
Value Added Tax ◽  
Taxation System

Unincorporated enterprises often bypass formal regulations in general and taxation in particular. Bringing unincorporated enterprises under the taxation system is a challenge often faced by tax administrators, and it is in this regard that the present study explores the factors which influence the decision of unincorporated enterprises to register with the state value added tax (VAT)/sales tax authority across states in India. This analysis is limited to the decision regarding registration. It is not necessary that enterprises that are registered pay taxes and/or file returns—however, the process of registration does provide some information to the tax department for follow ups. The study throws up some interesting results for policymakers and tax administrators. JEL Classification: H25, H32, H26, L53

scholarly journals ANALISIS PENERAPAN PEMUNGUTAN PAJAK PERTAMBAHAN NILAI PADA BUMN SEBAGAI PEMUNGUT DAN TIDAK SEBAGAI PEMUNGUT PAJAK PERTAMBAHAN NILAI (STUDI KASUS PADA PT PELABUHAN INDONESIA III Cabang Benoa)

2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Agista Ayu Aksari
Keyword(s):  
Data Analysis ◽  
Value Added ◽  
The State ◽  
Assessment System ◽  
Sales Tax ◽  
Value Added Tax ◽  
Self Assessment ◽  
A Value ◽  
The Difference

On 1st July 2012 SOE (State-Owned Enterprises)become the Value Added Tax (VAT) collector. According to the regulation of the Ministher of Finance No.85/PMK.03/2012 about the appointment of the State Owned Enterprises to collect, deposit and reporting Value Added Tax (VAT) and Sales Tax on Luxurious Goods, and precedures for collecting, depositing and reporting. The purpose of this research is to determine the difference between SOE as a Value Added Tax collector and not as a Value Added Tax collector.The object of this research is PT Pelabuhan Indonesia III cabang Benoa. The data analysis in this research is to analyze the calculation and reportig of VAT before being VAT collector and when it became VAT collector.The result of this research it is known that are the application of the value added tax on PT Pelabuhan Indonesia III Cabang Benoa before becoming tax collector is charged directly by fiskus and has official assessment system and as a PT Pelabuhan Indonesia III Cabang Benoa has a self assessment system whereby PT Pelabuahan Indonesia III Cabang Benoa became ILL wapu. Differnce in PT Pelabuhan Indonesia III Cabang Benoa as a collector, and the collector Is a time before becoming a collector has aself just my assessment system whereas before becoming a collector has official assessment system. Tax eceipt when it became a collector of VAT using duplicate counts 3 before becoming a collector only uses 2 of the double. For SSp before becoming a duplicate while using 4 collector as a collector to use duplicate. DOI 10.5281/zenodo.1214932

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